US$5M equity raise for a leading Nepalese solar energy player

COMPANY OVERVIEW

Background: Established in 2009 to address Nepal’s energy crisis, the company is a leading provider of solar energy solutions.

Key focus: Solar mini grids, solar water pumps, and digital inclusion projects which support agricultural advisory services. The company also offers commercial and industrial solar systems for businesses. Their innovative solutions integrate advanced battery storage and AI-driven systems to maximize efficiency and reliability

Track-record: The company has installed over 4,000 solar power projects (10MW+ capacity cumulatively), significantly reducing carbon emissions and positively impacting over 38,000 lives. The company has achieved a revenue growth of over 50% in the last 2 years.

Management Overview: The CEO brings over 15 years of industry experience, while COO has spent more than a decade as a COO in the energy sector.

USE OF FUNDS

Expansion across segments:
– Commercial and Industrial: Deploy 25 MW capacity
– Scale up battery storage solutions
– Agri-businesses (tea, coffee, spices) aiming to reach 2 million farmers within three years

POTENTIAL IMPACT

The company will directly or indirectly impact over 2M lives. Additionally, it will reduce CO2 emissions by more than 48,000 tons and displace over 18,000 kiloliters of diesel each year.

Empower smallholder farmers, particularly women and marginalized communities, by reducing fuel costs, increasing agricultural productivity, and improving income.